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Corporate

Sep. 14, 2013

Visa-for-dollars program neglects to benefit smaller ventures

Although the government's EB-5 Immigrant Investor Program can be tapped by any company for any project, massive development projects continue to be the most popular destination for these funds.


By Andrew McIntyre


Daily Journal Staff Writer


Although the government's EB-5 Immigrant Investor Program can be tapped by any company for any project, massive development projects continue to be the most popular destination for EB-5 funds, while smaller ventures in search of this foreign capital struggle to attract investors.


While Citizen and Immigration Services' allowing foreigners to obtain temporary residency status by investing $5...

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